1. Which of the following accounting methods is used to deduct unpaid charitable contributions once the board of directors authorizes them and pays them before the due date of the return?

a. hybrid

b. cash

c. accrual

d. none of the above

2. Which of the following is true regarding C corporation dividend distributions?

a. the dividend distributions are taxed at the entity level

b. the dividend distributions are taxed at the individual shareholder level

c. the dividend distributions are not taxed because the income was already taxed at the entity level

d. the dividend distributions are taxed at the entity level and then taxed at the individual shareholders level